This is hard to believe. Gasoline producers find it more profitable to sell gasoline and diesel to foreigners than to Americans. They are exporting it.
Foreigners are bidding higher prices. In short, foreigners are in a stronger position to buy what refineries produce than Americans are.
This is discussed as though this is excess gasoline here, as if foreigners are buying what’s left over. This misunderstands economics. The free market principle is “high bid wins.” Americans are buying whatever is left over after foreigners have bought as much as they want — and refineries can afford to ship — at the higher prices.
Shipping costs are the key to understanding what is happening. Foreigners are buying whatever they are willing to pay for, which includes shipping. Then, after they have bought all they want, refineries ship the leftovers to Americans.
This is the wave of the future. It will get more expensive for Americans to compete with foreigners in our own markets. We live in international markets. The “great American auction” is becoming the “great international auction.” This is the free market in action. There are no free lunches.